CCSWW

  • Senior Housing Developer

    Job Locations US-WA-Seattle
    Posted Date 1 month ago(11/1/2019 3:12 PM)
    Job ID
    2019-4156
    # of Openings
    1
    Category
    Housing Development
  • Overview

     

    How often do you hear about high cost of housing in our community or see someone living in a tent? If you have skills or experience in real estate development (or a related field like construction management, finance, design, or land use) this could be your opportunity to act. We invite you to join our team of affordable housing developers working across Western Washington to provide housing opportunities for individuals and families experiencing homelessness, seniors, agricultural workers and other working families amidst this regional housing affordability crisis.

     

    The Senior Housing Developer will manage project teams to complete the feasibility, financing, acquisition, construction and close out of affordable housing developments.  This position also provides consultation and technical assistance to internal and external clientsAt any given time, the Senior Housing Developer is responsible for up to three (3) projects in various stages of development.  

     

    A Senior Housing Developer negotiates solutions with conflicting parties with time, monetary, legal and real property implications with the agency’s mission and monetary interests in mind.  A Senior Housing Developer will supervise housing development staff and be responsible for segments of the Community Development Center’s departmental budget.

     

    Responsibilities

     

    Scoping and Feasibility Analysis

    • Develop project concept including soliciting the appropriate organizational staff for data.
    • Create capital budgets, up to $20 million per project, and 15-year operating pro-formas that generate sufficient tax credit basis, appropriate debt service and create positive net operating income to meet project and agency’s objectives.
    • Prioritize and carry out complex preliminary due diligence including soft cost research, environmental analysis, specification analysis, market analysis, financial feasibility, and preparation of presentations.
    • Complete feasibility analysis; coordinating with internal staff and outside consultants to arrive at recommendations for successful projects.
    • Lead land acquisitions, including the preparation of purchase and sale agreements, option agreements, boundary line adjustments, lease agreements and required documentation for other land use approvals.
    • Manage survey and title review with attorneys to clear title prior to acquisition.
    • Negotiate real estate easements with property seller, neighbors, utility companies and local planning departments.
    • Oversee vendor procurement consistent with agency Legal Protocol and public funding requirements.
    • Maintain accurate project files and prepares project status reports for the housing development team.
    • Represent CCSWW/CHSWW at neighborhood meetings, public meetings, land use hearings, etc.
    • Regularly communicate budget, schedule and decision points to Champions, clients and sponsors.

     

    Project and Construction Management

     

    Manage construction contract/bid process for construction contracts up to $12 million.

    • Manage design process with architects including securing all land use and building permits.
    • Lead value engineering activities to bring building scope into line with construction market pricing.
    • Process and maintain accurate and functional filing system for all construction process documents including draws, change orders, meeting minutes, etc.
    • Participate in regular construction meetings; ensure flow of communication throughout construction process.
    • Coordinate workflow during construction with the construction project manager.
    • Ensure compliance of complex governmental regulations and guidelines such as prevailing wage requirements, Davis-Bacon, Section 3 reporting, HOME, CDBG, LIHTC, etc.

      

    Funding Source Development

    • Prepare and coordinate applications for state and federal resources, including housing grants and loans, Low-Income Housing Tax Credits, rental assistance, and/or public services.
    • Maintain open and positive relationships with public funders, investors and financial institutions.
    • Work with finance and agency leadership to explain and understand loans, contracts and other legal documents related to housing development projects.
    • Work with equity investor and lender to communicate current agency financial position, project economics, land use status, project design, and operating model.
    • Negotiate project financing structure and terms between agency leadership, public funding sources, construction lender and equity investor’s operating agreement including negotiating the developer fee pay-in schedule, equity contribution installments, representations and warranties, for first right of refusal terms for $10-15 million transactions.
    • Draft board resolutions and Certificates of Action for the Borrowing, Land Acquisition, and Financing consistent with the agency’s legal protocol.
    • Identify appropriate funding and subsidy sources for each development project and prepare clear and effective private and public funding applications.

    Project Close-out

    • Facilitate the preparation and completion of appropriate compliance reporting to city, county, state, federal and private funding partners.
    • Work with operations staff to transition the project from development to occupancy.
    • Develop property management plans in cooperation with Asset Manager.

      

    Serving Mission through Housing and Health

    • Work with Champions/case managers/community leaders to define needs of resident populations
    • Utilize best practices in serving resident populations in building design
    • Collaborate with property managers and service providers to develop 15 year operating and service budgets
    • Consider building life cycle for specific resident populations.
    • Mange development and implementation for housing and design specifications in cooperation with Asset Manager to improve property performance and reduce operating expenses.
    • Advocate for communities of concern and reducing disproportionality in industry meetings and committees.

     

    Management Responsibilities

    • Responsible for hiring and supervising any independent contractors providing development work including architecture, contractor, attorney, site consultants and specialized work such as construction management or economic modeling i
    • Prepare and present ideas to agency staff and leadership for consideration in a consensus oriented environment.
    • Create and cultivate a positive, team-oriented work environment.
    • Negotiate solutions with conflicting parties with time, monetary, legal and real property implications with the agencies mission and monetary interests in mind.
    • Review public housing policies and review impact on agencies mission and strategy.
    • Assist Housing Developers with problem-solving and provide oversight as needed.
    • Manage housing developers and housing development assistants in the performance of their duties.  
    • Lead project teams that include development assistant, accountant and construction manager.
    • Manage portions of the Community Development Center’s departmental budget.
    • Provide other support and supervision to work of development team, as needed.

     

    Qualifications

    • BA degree in finance, public administration, business, urban planning or related field. Masters degree preferred.
    • At least five years of experience in affordable housing development or related field such as land use, contruction, architecture, or finance.
    • Demonstrated ability working as a team member.
    • Proficiency in MS Word and Mastery of Excel.
    • Excellent oral and written communications skills.
    • Quick learner/ability to problem solve by connecting information from previous projects and identifying industry resources.
    • Ability to be self-motivated with a desire to learn. 
    • Experience working in and leading diverse groups.
    • Must have reliable transportation, valid Driver’s License and automobile insurance, and be able to comply with requirements of Employee Driving Policy.
    • Commitment to working within the mission, goals and values of Catholic Community Services and Catholic Housing Services.

    ADDITIONAL INFORMATION:  Contact: Jenny Weinstein,  Associate Director of Housing and Community Development, 206-328-5750.

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